|  |  |
| --- | --- |
| 14.2 | **Lessor**  |

  

 Lessee acknowledges and agrees that Lessor may, if applicable under the Financing Documents, assign as security Lessor’s interest in the Lease and/or
the Aircraft (herein, a “Security Assignment”), provided that such Security Assignment complies with the conditions set forth in Sections 14.3(a), 14.3(b), 14.3(c)(z), and 14.3(d). 

  

 Provided that Lessor complies with each condition set forth in Section 14.3
hereof, Lessor may assign, novate, delegate or otherwise transfer all or any of its rights or obligations under the Lease or all or any of its right, title or interest in and to the Aircraft (each a “Transfer”), including pursuant to:


  




|  |  |  |
| --- | --- | --- |
|   | (a) | a sale and leaseback; or  |

  




|  |  |  |
| --- | --- | --- |
|   | (b) | a novation or assignment of the Lease and/or a sale of the Aircraft (including to a special purpose or securitization or monetization trust, fund, limited liability company,
corporation, partnership or other vehicle or in connection with any other direct or indirect raising of capital).  |